Chicago
IPA Arranges $68.5M for Chicago MSA Residential Development
IPA Capital Markets, a division of Marcus & Millichap, has closed a $56 million senior construction financing loan and $12.5… Read more
Community Investment Corporation Gets $15M Gift from MacKenzie Scott
Community Investment Corporation (CIC), a Chicago non-profit lender that finances the acquisition, rehabilitation, and preservation of affordable rental housing, received… Read more
CBRE Arranges HQ Expansion Lease for Investment Firm
CBRE has arranged a new headquarters lease for Energize Capital, a Chicago-based investor in climate solutions. The firm, which invests… Read more
Temerity Strategic Partners Closes $175M Inaugural Fund
Temerity Strategic Partners, a Chicago-based real estate private equity firm, announced the final close of its inaugural investment partnership Temerity… Read more
Clear Investment Group Expands Midwest Footprint
Clear Investment Group, a Chicago-based firm specializing in opportunistic real estate investment, has completed the acquisition of a 70-unit add-on… Read more
Chicago/Midwest People & Company News, week of November 22, 2024
Coastal Ridge, a real estate investment, development and property management firm exclusively focused on rented residential strategies, announced that Peter… Read more
DarwinPW Brokers Sale of Infill Site for Mixed-Use Development
DarwinPW Realty/CORFAC International recently brokered the sale of 2224 W. Grand Avenue in Chicago, a 9,600-square-foot building on a 0.29-acre… Read more
Greenstone Partners Brokers $26M Chicago Apartment Sale
Greenstone Partners broked the sale of the Canterbury Court Apartments located at 1220 N. State Pkwy in the Gold Coast… Read more
Peak Properties Adds Stewart School Lofts in Uptown to Management Portfolio
Peak Properties has added the luxury Stewart School Lofts at 4525 M. Kenmore to its growing management portfolio. The apartments offer… Read more
Interra Brokers $11M Sale of Mixed-Use Apartment in Lincoln Park
Interra Realty has brokered the $11.25 million sale of a 35-unit mixed-use property at 2200 N. Clark St. in Chicago’s… Read more
Balyasny Expands NYC Office to 164K SF at GM Building
Balyasny Asset Management has expanded its New York City office footprint with one of the largest lease signings in Midtown… Read more
JLL Arranges $32M Refi for Boutique Office Building in Chicago
JLL has arranged a $32 million refinancing for 609 West Randolph, a 15-story boutique office property totaling 95,000 square feet… Read more
Missner, Greystar-Thackeray Form JV for Chicago Stockyards Project
The Missner Group (TMG) and Greystar-Thackeray have formed a joint venture to develop a speculative industrial building at 4002 S.… Read more
Chicago Mayor Pivots from Property Tax Hike
Following strong opposition from Chicago’s City Council, Mayor Brandon Johnson suggested earlier this week that his proposed $300 million property… Read more
Chicago/Midwest People & Company News, week of November 15, 2024
The Opus Group announced the promotions of Paul Robertson and Mike Robinson to vice president of real estate development in… Read more
A New Use for Unused Buildings: Self Storage Facilities
Pictured: 555 Bay Area Blvd., Houston. Originally an office building, the facility was converted to self storage in 2018. Photo… Read more
Global CRE Price Declines Decelerate in Q3
Global commercial real estate pricing posted an eighth consecutive quarter of annual declines in the third quarter in 2024, MSCI… Read more
Lincoln Park Apartments Sell for $55M
Jonathan Rose Cos. recently acquired a Chicago apartment building for $55 million. The New York City-based firm bought the 186-unit… Read more
IWG Adds More Coworking Spaces Across Illinois
International Workplace Group, is adding nine state-of-the-art flexible workspaces in Illinois, bringing the company’s statewide footprint to a total of… Read more